2013 CPEO Military List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: Mon, 13 May 2013 13:21:56 -0700 (PDT)
Reply: cpeo-military
Subject: [CPEO-MEF] CLOSURE: GSA to transfer 427 acres at Twin Cities Plant (MN)
 
News Release
General Services Administration
May 9, 2013


GSA Sells Arden Hills' Twin Cities Army Ammunition Plant for $28 Million
Sale reduces federal footprint and saves taxpayer dollars

CHICAGO, PRNewswire-USNewswire/ -- The U.S. General Services Administration (GSA) today announced the sale and transfer of a 427- acre portion of the Twin Cities Army Ammunition Plant (TCAAP) in Arden Hills, Minn., to Ramsey County for $28 million. The sale is part of GSA's ongoing efforts to dispose of excess federal property to save taxpayer dollars and make more efficient use of the government's real estate assets.

"The sale of surplus federal real estate not only saves taxpayer dollars, but also puts properties to new uses at the local level, sparking commercial economic activity," said GSA Great Lakes Regional Administrator Ann P. Kalayil . "The TCAAP sale directly supports President Obama's directive to shrink the federal real estate footprint to reduce costs and bolster efficiency."

The deal transfers ownership of 397 acres to Ramsey County immediately, while the remaining 30 acres will be transferred to the county after it conducts environmental remediation, which is expected to take approximately three years. This sale a good example of GSA's commitment to work with communities like Ramsey County and make more efficient use of surplus federal properties. GSA's disposal team in Boston facilitated the sale, and this transaction is another example of GSA's mission to deliver better value and savings for the American people.

...

For the entire release, see
http://www.prnewswire.com/news-releases/gsa-sells-arden-hills-twin- cities-army-ammunition-plant-for-28-million-206756581.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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